75A, MILL LANE, HERNE BAY, CT6 7DR - £490,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

75A MILL LANE is a very large detached house of 201m², built sometime from 2007 onwards. It was last sold for £490,000 in October 2016, which was around 16% above the average October 2016 detached price in the Canterbury local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.

75A MILL LANE Sold Prices

Land registry data shows three sales for 75A MILL LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Canterbury local authority area for the corresponding sale date. All of the three 75A MILL LANE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2016 25 OCT	£490,000	£422,485	16% above HPI
2007 23 MAY	£360,000	£293,434	23% above HPI
2005 16 MAR	£260,000	£253,320	3% above HPI

75A MILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Canterbury local authority area over time, sourced from the HPI. The three 75A MILL LANE sales between March 2005 and October 2016 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 2007 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the October 2016 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 75A MILL LANE?

75A MILL LANE is 201m² according to the EPC inspection conducted in February 2016. This puts it in the largest 10% of detached houses in Herne, based on EPC data. The below chart shows the distribution of detached houses by size in Herne, and where 75A MILL LANE lies on this distribution: 94% of detached houses are smaller than 75A MILL LANE, and 6% of houses are larger. Note that EPC data is not available for all properties in Herne.

75A MILL LANE: Plot and Title Map

75A MILL LANE sits on a plot of roughly 0.151 of an acre, or 610m². The below map shows the location of 75A MILL LANE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 75A MILL LANE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 75A MILL LANE?

75A MILL LANE is located in HERNE BAY, in the CT6 postcode district. The below map shows the position of No. 75A on MILL LANE.